Edward N. Constantino - 24 Mar 2025 Form 4 Insider Report for VINEBROOK HOMES TRUST, INC.

Role
Director
Signature
/s/ Paul Richards as attorney-in-fact for Edward Constantino
Issuer symbol
N/A
Transactions as of
24 Mar 2025
Net transactions value
$0
Form type
4
Filing time
07 Apr 2025, 21:37:39 UTC
Previous filing
20 Mar 2025
Next filing
07 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise +1,781 +10% 19,548 03 Apr 2025 Direct F1
transaction Common Stock Disposed to Issuer -890 -4.6% 18,657 03 Apr 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction Profits Interest Units Conversion of derivative security $0 -2,233 -100% $0.000000 0 24 Mar 2025 Class C OP Units 2,233 Direct F3, F4
transaction Class C OP Units Conversion of derivative security $0 +2,233 $0.000000 2,233 24 Mar 2025 Common Stock 2,233 Direct F4
transaction Restricted Stock Units Award $0 +2,202 $0.000000 2,202 03 Apr 2025 Common Stock 2,202 Direct F1, F5
transaction Restricted Stock Units Options Exercise $0 -1,781 -100% $0.000000 0 03 Apr 2025 Common Stock 1,781 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of VineBrook Homes Trust, Inc.
F2 Represents the portion of the previously reported restricted stock unit grant that vested on April 3, 2025 and settled in cash.
F3 Represents Profits Interest Units ("Profits Units") in VineBrook Homes Operating Partnership, L.P., the Issuer's operating partnership (the "OP"). Each Profits Unit can be converted into one Class C common unit of the OP (an "OP Unit") in the OP following vesting; provided the book-up target (as defined in the OP limited partnership agreement) for the Profit Units equals zero. The Profits Units were granted on November 21, 2019 and fully vested on November 21, 2020. The Profits Units converted into OP Units on March 24, 2025.
F4 The OP Units are redeemable, beginning one year from issuance, for cash equal to the then-current market value of one share of the Issuer's common stock or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. Following the conversion of the Profits Units on March 24, 2025, the OP Units are fully vested. The OP Units have no expiration date.
F5 On April 3, 2025, the reporting person was granted 2,202 restricted stock units, which will vest on April 3, 2026. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F6 On April 3, 2024, the reporting person was granted 1,781 restricted stock units, which vested on April 3, 2025. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Exhibit List: Exhibit 24 – Power of Attorney